OpenAI’s CEO will visit Abu Dhabi to discuss Stargate fundraising
According to two sources familiar with the situation, OpenAI CEO Sam Altman planned to travel to the UAE this week...
Softbank
Trump and Japan’s technology company SoftBank pledge $100 billion in U.S. investments
President-elect Donald Trump and Masayoshi Son, the CEO of Japanese tech behemoth SoftBank, will unveil a $100 billion investment initiative...
SoftBank invests $1.5 billion in OpenAI, enabling staff to sell shares through a tender offer
OpenAI is inviting employees to sell approximately $1.5 billion in shares in a fresh tender offer to SoftBank. The additional...
With a $7.6 billion gain from T-Mobile, SoftBank’s shares jump
On Wednesday, SoftBank Group's stock increased by 5% following the company's announcement that it will receive shares in the U.S....
WeWork, which was once valued at $47 billion, declares bankruptcy
WeWork filed for Chapter 11 bankruptcy protection in federal court in New Jersey on Monday, saying it had reached agreements...
WeWork’s stock drops following rumors that the company is declaring bankruptcy
We Work Midtown Manhattan, NYC WeWork's shares, a troubled office-sharing company, fell sharply on Wednesday as a result of rumors...
